In theory, the flywheel should work once we are at peg and there is a strong consistent demand for DEC. However, there will also be macro factors that affect our SPL price action and take us off peg at times. I am quite hopeful that Land 1.5 and then the subsequent 2.0 in 2024 should be huge boons to helping deal with the oversupply of DEC, SPS, and cards. Even if we don't have another huge influx of new players until the next bull/halving run, there should be enough deflationary elements in the ecosystem to help us manage with the limited active player base we have now.
Fly wheel, Fly!